NYSE:ENVEnvestnet Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Envestnet Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $72.81 +0.20 (+0.28 %) (As of 05/28/2020 03:50 PM ET) Add Compare Share Today's Range$72.68Now: $72.81▼$74.6650-Day Range$48.97MA: $61.32▼$70.9752-Week Range$45.53Now: $72.81▼$87.75Volume18,978 shsAverage Volume288,388 shsMarket Capitalization$3.90 billionP/E RatioN/ADividend YieldN/ABeta1.74 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Envestnet, Inc., together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, Internet services companies, and registered investment advisers. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingEnvestnet has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $74.50, Envestnet has a potential upside of 2.3% from its current price of $72.81.Amount of Analyst CoverageEnvestnet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesEnvestnet has received 309 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEnvestnet has received 382 “underperform” votes. (Add your “underperform” vote.)Community SentimentEnvestnet has received 55.28% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote “Outperform” if you believe ENV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldEnvestnet does not currently pay a dividend.Dividend GrowthEnvestnet does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Envestnet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,113,996.00 in company stock.Percentage Held by InsidersOnly 2.44% of the stock of Envestnet is held by insiders.Percentage Held by Institutions93.65% of the stock of Envestnet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Envestnet are expected to grow by 22.40% in the coming year, from $1.25 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Envestnet is -661.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Envestnet is -661.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEnvestnet has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.35 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services SectorBusiness Services Current SymbolNYSE:ENV Previous Symbol CUSIP29404K10 CIK1337619 Webwww.envestnet.com Phone312-827-2800Debt Debt-to-Equity Ratio0.79 Current Ratio0.92 Quick Ratio0.92Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio58.25 P/E GrowthN/A Sales & Book Value Annual Sales$900.13 million Price / Sales4.33 Cash Flow$3.26 per share Price / Cash Flow22.31 Book Value$16.15 per share Price / Book4.51Profitability EPS (Most Recent Fiscal Year)$1.21 Net Income$-16,780,000.00 Net Margins-0.66% Return on Equity8.94% Return on Assets4.26%Miscellaneous Employees4,190 Outstanding Shares53,510,000Market Cap$3.90 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable ENV Rates by TradingView Receive ENV News and Ratings via Email Sign-up to receive the latest news and ratings for ENV and its competitors with MarketBeat's FREE daily newsletter. Envestnet (NYSE:ENV) Frequently Asked Questions How has Envestnet's stock been impacted by COVID-19 (Coronavirus)? Envestnet's stock was trading at $63.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENV shares have increased by 15.0% and is now trading at $72.81. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Envestnet? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Envestnet. When is Envestnet's next earnings date? Envestnet is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Envestnet. How were Envestnet's earnings last quarter? Envestnet Inc (NYSE:ENV) posted its quarterly earnings data on Thursday, May, 7th. The business services provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.12. The business services provider had revenue of $246.50 million for the quarter, compared to analyst estimates of $242.32 million. Envestnet had a negative net margin of 0.66% and a positive return on equity of 8.94%. The business's quarterly revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 EPS. View Envestnet's earnings history. What guidance has Envestnet issued on next quarter's earnings? Envestnet updated its FY20 earnings guidance on Thursday, May, 7th. The company provided EPS guidance of $1.92-2.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.08. The company issued revenue guidance of $939.5-945.5 million, compared to the consensus revenue estimate of $966.94 million. What price target have analysts set for ENV? 10 brokerages have issued twelve-month price targets for Envestnet's stock. Their forecasts range from $68.00 to $80.00. On average, they expect Envestnet's stock price to reach $74.50 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for Envestnet. Has Envestnet been receiving favorable news coverage? News stories about ENV stock have been trending very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Envestnet earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutEnvestnet. Are investors shorting Envestnet? Envestnet saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,430,000 shares, an increase of 33.5% from the April 30th total of 1,820,000 shares. Based on an average daily trading volume, of 450,200 shares, the days-to-cover ratio is currently 5.4 days. Approximately 4.8% of the company's stock are short sold. View Envestnet's Current Options Chain. Who are some of Envestnet's key competitors? Some companies that are related to Envestnet include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), SEA (SE), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), J2 Global (JCOM), Stamps.com (STMP), LivePerson (LPSN), Cimpress (CMPR) and Cornerstone OnDemand (CSOD). View all competitors. What other stocks do shareholders of Envestnet own? Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), CROWN CASTLE IN/SH SH (CCI), Micron Technology (MU), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC). Who are Envestnet's key executives? Envestnet's management team includes the following people: Mr. Judson Taft Bergman, Chairman & CEO (Age 62)Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 51)Mr. Scott David Grinis, Chief Technology Officer (Age 57)Mr. William C. Crager, Chief Exec. of Envestnet Wealth Solutions (Age 55)Mr. Brandon Rockwell Thomas, Co-Founder & Chief Investment Officer (Age 55) What is Envestnet's stock symbol? Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV." Who are Envestnet's major shareholders? Envestnet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (6.56%), Janus Henderson Group PLC (4.55%), Van Berkom & Associates Inc. (2.77%), TimesSquare Capital Management LLC (2.41%), Champlain Investment Partners LLC (2.04%) and State Street Corp (1.93%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View institutional ownership trends for Envestnet. Which institutional investors are selling Envestnet stock? ENV stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Janus Henderson Group PLC, Federated Hermes Inc., Ashford Capital Management Inc., TimesSquare Capital Management LLC, GW&K Investment Management LLC, Champlain Investment Partners LLC, and AXA. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Charles Roame, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, and William Crager. View insider buying and selling activity for Envestnet. Which institutional investors are buying Envestnet stock? ENV stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Spyglass Capital Management LLC, York Capital Management Global Advisors LLC, Jupiter Asset Management Ltd., Van Berkom & Associates Inc., FDx Advisors Inc., FDx Advisors Inc., and Geode Capital Management LLC. View insider buying and selling activity for Envestnet. How do I buy shares of Envestnet? Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Envestnet's stock price today? One share of ENV stock can currently be purchased for approximately $72.81. How big of a company is Envestnet? Envestnet has a market capitalization of $3.90 billion and generates $900.13 million in revenue each year. The business services provider earns $-16,780,000.00 in net income (profit) each year or $1.21 on an earnings per share basis. Envestnet employs 4,190 workers across the globe. What is Envestnet's official website? The official website for Envestnet is www.envestnet.com. How can I contact Envestnet? Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected] This page was last updated on 5/28/2020 by MarketBeat.com Staff
